Former Indianapolis-area insurance broker sentenced to prison for $4M Ponzi scheme
Former insurance broker Brian Simms perpetrated the fraud through his company, Brendanwood Financial Brokerage LLC in Carmel.
Former insurance broker Brian Simms perpetrated the fraud through his company, Brendanwood Financial Brokerage LLC in Carmel.
CNO Financial first signed on as title sponsor of the Indianapolis Monumental Marathon in 2016.
Scott Davison has a lifelong love of the sport. Knowing this helps explain why OneAmerica’s name and logo will be deeply imbedded in the U.S. Olympic Swimming Trials in Indianapolis.
The jury returned the verdict Wednesday against Tesla Inc. and its long-time employee Kyle Kaszuba for the accident in which motorcyclist Chris Dugan was severely injured.
Hundreds of Hoosiers each year unknowingly have their licenses suspended after auto accidents—specifically for failing to respond to the Bureau of Motor Vehicles’ mailed requests for insurance verification.
This fall, the Biden administration unveiled a controversial proposal that would create a staffing requirement, which has faced significant pushback from the nursing home industry.
Federal rules allow insurers to consider socioeconomic factors when setting rates, leading to the worst increases being borne by the people least able to afford them.
individuals and families in places once considered safe from natural catastrophes could lose crucial insurance protections while their natural disaster exposure expands or intensifies as global temperatures rise.
U.S. businesses might be able to secure bank deposit insurance for accounts holding more than $250,000 if Congress agrees with the Federal Deposit Insurance Corp.’s new proposal.
The department said those individuals will receive a 60-day extension to make premium payments without risk of penalties or policy cancellation.
The company helps insurance carriers collect the data needed to underwrite insurance policies.
Former insurance broker Brian Simms of Lebanon was arrested Wednesday after being charged with six counts of wire fraud by a federal grand jury.
An insurance industry group said some Hyundai and Kia cars and SUVs are stolen at nearly twice the rate of the rest of the auto industry because their keys lack computer chips for theft “immobilizer” systems.
This is the second major funding round for Trava, which was launched by High Alpha in 2020. The company offers cybersecurity risk management and insurance for small and medium-sized companies.
The Federal Emergency Management Agency has updated its flood insurance program to more accurately reflect risk, but also make the program more solvent.
The decision by Miami-Dade Circuit Judge Michael Hanzman came a day before the one-year anniversary of the Champlain Towers South disaster in the Miami suburb of Surfside. The collapse killed 98 people, one of the deadliest building failures in U.S. history.
A three-judge appeals court panel upheld a county court’s decision affirming an arbitrator’s finding that the woman was entitled to the award.
Maria Caceres, who worked for travel insurance company Seven Corners from 1998 to 2016, pleaded guilty to wire fraud last year. She was sentenced to federal prison Thursday and ordered to repay more than $496,000 to Seven Corners.
Medicare officials stressed Tuesday that they did not take cost into account in the coverage decision, but rather whether Aduhelm is “reasonable and necessary” for treating Alzheimer’s patients enrolled in the program.
Despite the “dire” financial downturn caused by COVID-related business closures, the Indianapolis Repertory Theatre can’t claim loss-of-use coverage under its insurance policy, the Court of Appeals of Indiana ruled.